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$398,000
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Property Description
PRICE UPDATED! We will Consider Home to Sell Contingencies. !! Additional Closing Cost Credits towards Prepaids and or buy-downs at closing !! CORNER LOT - Stunning New Construction in NE Cape Coral | Seller's incentive available towards closing costs, prepaids, or rate buy down. Design, Premium Upgrades & 3 Bedrooms + Den/ Study + 3 Full Bathrooms + Outdoor kitchen in the lanai. Welcome to this exceptional new construction home in the desirable Northeast Cape Coral area, offering 1,765 sq. ft. of refined living space (2,460 sq. ft. total). Designed with a perfect balance of modern elegance and everyday functionality, this 3-bedroom + den/office, 3-bathroom residence sits proudly on a corner lot and offers plenty of room to add the pool of your dreams. Step inside and be greeted by an open-concept layout with soaring ceilings, beautiful natural light, and seamless transitions between the living, dining, and outdoor areas. The spacious covered lanai-complete with an outdoor kitchen-creates the ideal setting for entertaining or relaxing in style. At the heart of the home, the chef-inspired kitchen boasts: "¢ A striking quartz waterfall island "¢ Stainless steel appliances "¢ Modern soft-close cabinetry "¢ Elegant finishes that elevate both design and functionality The luxurious primary suite serves as your private retreat, featuring: "¢ Double walk-in closets with custom wood shelving & drawers "¢ A spa-like bathroom with a walk-in shower, dual shower heads, and premium finishes Each additional bedroom is designed for comfort and versatility, offering remote-controlled ceiling fans and access to beautifully designed bathrooms. Built with quality and longevity in mind, this home includes: "¢ Impact-resistant windows & sliding doors "¢ Energy-efficient LED lighting throughout "¢ High-efficiency HVAC system "¢ Epoxy-coated garage floors "¢ Modern, durable construction features that provide peace of mind Located in the Gator Circle neighborhood a rapidly growing area of NE Cape Coral, just minutes from shopping, dining, schools, and essential conveniences, this home embodies the best of Florida living-style, comfort, and an unbeatable location. Schedule your private showing today and discover the luxury and value this stunning new home has to offer!
Full Property Details
Full Property Details for 1261 NE 40th St
General
- Price: $398,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025020776
- Updated: 2/2/2026
- Added to Site: 104 day(s) ago
Interior
- Interior Features: Split Bedrooms, Den - Study, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Kitchen: Kitchen Island, Pantry
- Dining Room: Dining - Living, Eat-in Kitchen
- Laundry: Washer/Dryer Hookup, Inside, Sink
Additional Information
- Shared Amenities: None, Non-Gated
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Outdoor Kitchen, Room for Pool, Automatic Sprinkler
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC32 - Cape Coral Unit 84-88
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: North on Del Prado Blvd., left onto Averil Blvd, right onto Gator Circle, left pass the Hiogh School, left onto NE 13th Pl, house is on the corner of 40th St.
- Direction Faces: Southeast
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Impact Resistant, Single Hung, Impact Resistant Windows
- Doors: Impact Resistant Doors
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,765
- Sq. Ft. Source: Architectural Plans
- Living Area: 1,765 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: City
- Lot Size (Acres): 0.241
- Lot Size (Sq. Ft.): 10,497
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 90 x 90 x 125 x 125
- Frontage Feet: 90
- Road Maintenance: City Maintained
- Irrigation System: Well
- Lot Features: Corner Lot
- Zoning: R1-D
- Lot Description: Corner Lot
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, Seller Pays Title
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 87 BLK 5713 PB 24 PG 76 LOTS 26 + 27
- Property ID: 18-43-24-C3-05713.0260
- Section: 18
- Block: 5713
- Lot Number: 26
Listed by Legacy Premier Realty LLC
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Schools
Schools serving 1261 NE 40th St
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903 | K-5 | 3.1 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 3.3 mi |
North Fort Myers Academy For The Arts 1856 Arts Way, North Fort Myers, FL 33917 | 6-8 | 4.2 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.3 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 6.1 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 6.3 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 0.9 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 5.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1261 NE 40th St
Date
Details
Price
Change
Source
2/02/2026
Price Reduced
$398,000
-2.69%
MLS
1/15/2026
Price Reduced
$409,000
-2.39%
MLS
11/19/2025
Listed
$419,000
739.68%
MLS
12/12/2024
Sold
$49,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1261 NE 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$534
-30%
$34,723
10%
2024
$763
28%
$31,701
178%
2023
$598
24%
$11,399
58%
2021
$482
-2%
$7,200
—
2022
$492
2%
$7,200
11%
2021
$482
8%
$6,500
-13%
2019
$445
2%
$7,500
18%
2018
$436
4%
$6,378
-40%
2017
$418
6%
$10,578
1%
2016
$393
16%
$10,500
54%
2015
$338
—
$6,800
13%
2014
$339
72%
$6,016
40%
2013
$197
—
$4,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1261 NE 40th St
1261 NE 40th St, Cape Coral, FL 33909 (MLS# 2025020776) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1261 NE 40th St is currently listed for $398,000 and was received on November 19, 2025. Want to learn more about 1261 NE 40th St? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

